FTC Release: FTC Sues Ticket Broker over Unlawful Tactics Used to Buy Millions of Tickets to Popular Live Events
Dow Jones10-27
Complaint alleges REPS earned millions by unlawfully bypassing ticket-issuer security measures to exceed purchasing limits
The Federal Trade Commission sued REPS & Company Inc., alleging the ticket broker illegally circumvents measures designed to limit the number of tickets that can be purchased for a single event, purchasing millions of tickets to high-demand events that it later resells at a significant profit.
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